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Nvidia confirms it will buy Hugging Face for $12.9 billion

TechCrunch Ivan Mehta 3 September 2026, 12:42 ● Covered by 11 sources

Nvidia confirmed it will acquire Hugging Face after weeks of rumors. Nvidia will pay $12.93 billion for the platform. Nvidia said Hugging Face will keep supporting open-source/open-weight models while expanding developer access, and Nvidia compute will not be required to use or deploy through Hugging Face.

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Nvidia said Hugging Face hosts over 3 million models and is used by over 18 million developers.

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TLDRocket 4 September 2026

Nvidia’s $12.93 billion acquisition of Hugging Face is the day’s loudest signal that “open models” are becoming infrastructure. The deal, completed September 2, moves the French-founded platform entirely into US ownership, just as Hugging Face itself reports a library of more than 3 million models and roughly 18 million developers. The question now isn’t whether open-weight tooling works, but who gets paid once it turns into enterprise operations—safety evaluations, deployment pipelines, and inference in production. Nvidia’s play is to sit closer to the workflow than a box of GPUs ever could, and it pairs neatly with new Personal AI Router (PAIR), which aims to spread agentic sub-tasks across your home machines by clustering and redistributing work when nodes drop.

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Nvidia confirms it will buy Hugging Face for $12.9 billion

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